Quote:
Originally Posted by Sprintey
And so we have the answer to the thread. The indigenous motor company that was painstakingly built, co-funded, and grown with policy by the adults who lived through the Great Depression (in 1969 Holden had their own ship and were exporting to SE Asia); then saw the protections stripped away as their children came into power; now gone and their grandchildren will have to go offshore if they want to value-add or have an automotive career with a major car co. We are back to where we started before Chifley launched that first Holden 48-215...
Edit: in truth, 2017 was that time, but now the brand is gone too.
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I share your sentiments totally, but there was no "co-funding" of GM-H in the early days. It was a big myth that Holden was "given" any funds in the early years. The best they got was a loan which was fully repaid.
Dr Terry